Unit ID: U1962168
Choeng Thale, Thalang,Phuket
$864,000
4 Bedrooms
5
Bathrooms
4,018 Sqft
Indoor Area
2
Storeys
Jan 2025
Off Plan

About This Villa

This property is a 4,018 Sqft villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and it is scheduled for completion in Jan 2025. You can buy this villa for a base price of $864,000 ($215/Sqft).

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub

Basic Information

Date Listed Nov 4, 2024
Updated N/A
Property Type Villa
Storeys 2
Location Choeng Thale, Phuket
Bedrooms 4
Nearest Landmark Bang Tao Beach -2.3 Km
Indoor Area 4,018 Sqft
Price per Sqft $215
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 4,054 Sqft
Pets All Kind of Pets Allowed
Villa Ownership

Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

Leasehold
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Off Plan (Jan 2025)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Pool View, Garden View
Unit Type D
Parking Spots 2
Pool Size 2.90 x 9.30
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$413/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1962168

Investment Opportunity: Charges & Yield

Sale Price
$864,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$413/mo

Project Details

Project Name: The Teak Phuket Phase 2
Construction: Off Plan (Jan 2025)
Units: 13
Project Area: 86,111 Sqft
Nearest Landmark Bang Tao Beach - 2.3 Km
Location: Choeng Thale, Phuket
The Teak Phuket Phase 2 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area
Solar Panels Solar Panels

Available Units at The Teak Phuket Phase 2

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Deposit with Sales and purchase agreement sign, within 30 days after reservation
28%
2nd Installment
Completion of main structure
20%
3rd Installment
Completion of roof and walls structure
25%
4th Installment
Completion of windows, doors and floor finishing
15%
5th Installment
On handover
10%

Frequently Asked Questions

All kind of pets are allowed at The Teak Phuket Phase 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $1 per square meter based on the plot size of the property and is $413 for this villa. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Teak Phuket Phase 2 the required payment for the sinking fund is a fixed amount of $2,890.
Bang Tao Beach is the nearest Beach from The Teak Phuket Phase 2 and it is 2.3 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.


Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?


Read more here

After you have found the right property at The Teak Phuket Phase 2 you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Installment Milestone Payment
Reservation Deposit
Immediately
2%
1st Installment
Deposit with Sales and purchase agreement sign, within 30 days after reservation
28%
2nd Installment
Completion of main structure
20%
3rd Installment
Completion of roof and walls structure
25%
4th Installment
Completion of windows, doors and floor finishing
15%
5th Installment
On handover
10%

Read more here

 

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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

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